Will anyone be getting arrested for insider trading? It spiked on rumors yesterday when nearly everything else was collapsing.
Will anyone be getting arrested for insider trading? It spiked on rumors yesterday when nearly everything else was collapsing.
Haven't you heard? Crime is legal
Also anti-trust, monopolies and insider trading are all legal.
The SEC won't do anything.
HIS crime is legal. Yours is still illegal unless you pay tribute, e.g. binance.
$PYPL at $40 was/is free money. Nothing stopping you from getting on the train. 8 PE is insane for a company with brand recognition and market penetration.
I fully agree with your assessment of the company and its valuation. It's the publication of the rumor and accompanying 10% pop in stock price that's suspicious.